The good news about the non-performing asset (NPA) crisis is that in the
past two years, the Reserve Bank of India (RBI) and the government have
forced public sector banks to recognise bad loans and make provisions
for it.

Vinod Dasari, the President of the Society of Indian Automobile
Manufacturers and Managing Director of Ashok Leyland, tells Chanchal Pal
Chauhan that Indian automakers have been the fastest in adopting
cleaner technologies

These are early days for insolvency professionals and nobody knows what fate
they could meet in the future. Will they be as effective as touted, or
poor implementation would result in this law facing the same fate as the
previous ones?

Gold prices were higher by 0.25 per cent to Rs 28,930 per ten grams in
futures trade today as speculators built up fresh positions, tracking a
better trend at the spot markets on token by retailers on the auspicious
occasion of 'Akshaya Tritiya'.